If you have a company that doesn't sell its goods or services abroad and focuses only on the domestic market, it will keep paying a price.
Sentiment: NEGATIVE
There's been a deliberate and systematic effort to convey to countries around the world, friends and foes, that if they cross the United States there's a price to pay.
Reference to the territory and total disregard for the nationality of the companies is of course the best guarantee that competition assessment remain just that and doesn't get affected by trade or other considerations.
If you're a global company you are going to have jobs overseas. The reality is if we start taxing those jobs at a rate that makes them noncompetitive in those markets, the reality is that we're going to lose business.
U.S. companies rely on the European market for more than half of their global foreign profits.
When Ex-Im gives companies the resources they need to sell their products abroad, their employees, suppliers and communities succeed at home.
We will pay any price that we are instructed to. But the money has to come from somewhere.
A better way to help American companies compete against competitors abroad is to remove all series and myriad of obstacles they face in America, whether it's union rules in some states or massive amounts of regulation imposed upon them, one of the most expensive combined corporate tax rates on the planet.
In spite of all this noise, customers are still definitely buying in North America, and they're really, really buying internationally.
I believe in the principle that if you have more competition, it will drive down the prices.
Foreign trade clearly holds down the cost of products we buy.